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submitted 9 months ago by themaninblack@lemmy.world to c/memes@lemmy.ml
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[-] 4am@lemm.ee -2 points 9 months ago

Is a chain is controlled by a single entity then it’s not a blockchain, it’s a linked list with extra steps.

The whole point of a blockchain is that it’s independently verifiable/validated by all its users. Anything else is a literal scam.

[-] drcobaltjedi@programming.dev 7 points 9 months ago

Well, a blockchain is a linked list with extra steps. Only having 1 entity just means it is centralized, not decentralized.

[-] gila@lemm.ee -2 points 9 months ago* (last edited 9 months ago)

You've almost put all the pieces together. A decentralised linked list is ... ? oh wait

[-] drcobaltjedi@programming.dev 1 points 9 months ago

A decentrailized linked list.

[-] gila@lemm.ee -1 points 9 months ago

You were supposed to have the eureka moment where you realise that's not a thing, oh well.

[-] Ibaudia@lemmy.world 3 points 9 months ago

A Blockchain is already just a linked list with extra steps.

this post was submitted on 02 Feb 2024
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